Group 1: Institutional Trading Insights - On the institutional trading leaderboard, 36 stocks were listed, with 21 experiencing net buying and 15 facing net selling [1] - The top three stocks with the highest net buying by institutions were: Sanxiang New Materials (6.55 billion), China Duty Free Group (5.17 billion), and Sifangda (1.41 billion) [1] Group 2: Sanxiang New Materials - Sanxiang New Materials saw a net purchase of 6.55 billion from one institution [2] - The company is currently supplying zirconium-based halide materials in small batches to downstream battery enterprises [2] Group 3: Diamond Industry - The diamond industry is highlighted for its stable quality and comprehensive product range, particularly in superhard materials manufacturing [2] - Diamonds are becoming a new semiconductor material due to their superior hardness, high-temperature resistance, and excellent thermal conductivity, with applications in high-power and high-frequency electronic devices [2] - The Pacific Securities report suggests that advancements in diamond cooling solutions could reshape the global competition landscape in cooling technology, with China being the largest producer of synthetic diamonds [3] Group 4: Lithium Battery Sector - The company is involved in the research, production, and application of lithium battery electrolyte and additive materials [5] - The main products in the new energy materials sector include ethylene carbonate (EC) and dimethyl carbonate (DMC), primarily used in lithium battery electrolytes [5] - The lithium battery industry is experiencing a favorable supply-demand balance, with significant price increases expected due to rising demand and limited supply expansion [5]

Investment Rating - Investment rating for the power equipment industry is "Positive" (maintained) [2] Core Insights - The industry is experiencing accelerated industrialization across all segments, with timelines for vehicle testing set for 2027 and large-scale applications expected by 2030 [12][26] - Solid-state batteries are transitioning from laboratory stages to mass production validation, with small-scale vehicle testing anticipated by the end of 2025 and widespread testing expected in 2026-2027 [28] - Emerging applications in low-altitude, robotics, and AI are expected to open up market opportunities for solid-state batteries, accelerating industrialization [28] Summary by Sections Industry Overview - The solid-state battery index increased by 0.7% from July 7 to July 11, 2025, with a cumulative increase of 19.0% for the year [12][13] - The average performance of solid-state battery-related stocks was -0.8% during the same period [12][30] Industry Dynamics - Significant advancements in solid-state battery technology have been reported, including the development of a new silicon-based anode material that enhances stability and performance [34] - A major tender for a hybrid storage system combining semi-solid lithium batteries and sodium batteries was announced, indicating ongoing investment in energy storage solutions [35] Company Developments - Sanxiang New Materials has begun small-scale supply of zirconium-based halide materials to downstream battery companies [36] - Jiayuan Technology expects to achieve a total production capacity of over 130,000 tons by 2025, with solid-state battery copper foil shipments projected at around 100 tons [37] - Haopeng Technology has completed validation of a high-safety semi-solid battery and has received bulk orders from clients [38] - Junpu Intelligent has entered a strategic partnership with Enli Power to accelerate the industrialization of solid-state batteries [39]